AFL Dividend History & Analysis | 2.2% Yield

AFL has a dividend yield of 2.2% and paid 2.35 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 2.17%
Payout Ratio 31.5%
Growth Rate CAGR 5y 15.14%
Consistency Lifetime 96.9%
Yield on Cost 5y 5.21%
Payout FCF 46.9%
Streak Years 38
Dividend Rating 78.43%

Dividends Cash Amount per Share Yearly

This chart shows the yearly cash amount paid as dividends per share. The exact values for each year can be found in the structured dataset with the html-id #yearly_dividend_dataset below.
Dividend Growth Year over Year This chart shows the annual dividend growth rate compared to the previous year.
5 Years Chart with Price and Dividend Yield This chart shows the dividend yield and price over time. Price is displayed as gray area (left axis), yield as dark blue line (right axis), and average yield as orange dashed line.
■ Yield (right) | ■ Price (left) | ┅ Avg Yield
Total Return 12m: 1%
Total Return 5y: 137.7%

Top Dividend Payers in Life & Health Insurance

Top 5 Dividend Yields of Peer-Group
Symbol Market Cap USD Dividend Yield TTM Yield on Cost 5y
PST 31,556 M 6.21% 26.0%
NN 19,838 M 6.28% 20.6%
PRU 32,016 M 5.23% 7.63%
MFC 56,003 M 5.01% 7.70%
PFG 18,993 M 4.69% 6.29%
Top 5 Dividend Growth Rates of Peer-Group
Symbol Market Cap USD Growth Rate Consistency
PRI 7,906 M 22.0% 100%
PST 31,556 M 22.6% 97.7%
UNM 12,075 M 10.8% 96.4%
SLF 34,808 M 9.07% 98.4%
GL 10,955 M 7.65% 91.2%

AFL Dividend History: Last 50 Payments (USD) as of March 2026

Ex-Dividend Date Record Date Payment Date Period Dividend per Share Dividend Growth Rate QoQ Payout Yield
2026-02-18 2026-02-18 2026-03-02 Quarterly 0.61 5.2% 0.53%
2025-11-19 2025-11-19 2025-12-01 Quarterly 0.58 0% 0.52%
2025-08-20 2025-08-20 2025-09-02 Quarterly 0.58 0% 0.54%
2025-05-21 2025-05-21 2025-06-02 Quarterly 0.58 0% 0.55%
2025-02-19 2025-02-19 2025-03-03 Quarterly 0.58 16% 0.56%
2024-11-20 2024-11-20 2024-12-02 Quarterly 0.5 0% 0.45%
2024-08-21 2024-08-21 2024-09-02 Quarterly 0.5 0% 0.48%
2024-05-21 2024-05-22 2024-06-03 Quarterly 0.5 0% 0.57%
2024-02-20 2024-02-21 2024-03-01 Quarterly 0.5 19% 0.64%
2023-11-14 2023-11-15 2023-12-01 Quarterly 0.42 0% 0.52%
2023-08-22 2023-08-23 2023-09-01 Quarterly 0.42 0% 0.57%
2023-05-16 2023-05-17 2023-06-01 Quarterly 0.42 0% 0.64%
2023-02-14 2023-02-15 2023-03-01 Quarterly 0.42 5% 0.6%
2022-11-15 2022-11-16 2022-12-01 Quarterly 0.4 0% 0.58%
2022-08-23 2022-08-24 2022-09-01 Quarterly 0.4 0% 0.65%
2022-05-17 2022-05-18 2022-06-01 Quarterly 0.4 0% 0.7%
2022-02-15 2022-02-16 2022-03-01 Quarterly 0.4 21.2% 0.62%
2021-11-16 2021-11-17 2021-12-01 Quarterly 0.33 0% 0.57%
2021-08-17 2021-08-18 2021-09-01 Quarterly 0.33 0% 0.58%
2021-05-18 2021-05-19 2021-06-01 Quarterly 0.33 0% 0.59%
2021-02-16 2021-02-17 2021-03-01 Quarterly 0.33 17.9% N/A
2020-11-17 2020-11-18 2020-12-01 Quarterly 0.28 0% N/A
2020-08-18 2020-08-19 2020-09-01 Quarterly 0.28 0% N/A
2020-05-19 2020-05-20 2020-06-01 Quarterly 0.28 0% N/A
2020-02-18 2020-02-19 2020-03-02 Quarterly 0.28 3.7% N/A
2019-11-19 2019-11-20 2019-12-02 Quarterly 0.27 0% N/A
2019-08-20 2019-08-21 2019-09-03 Quarterly 0.27 0% N/A
2019-05-21 2019-05-22 2019-06-03 Quarterly 0.27 0% N/A
2019-02-19 2019-02-20 2019-03-01 Quarterly 0.27 3.8% N/A
2018-11-20 2018-11-21 2018-12-03 Quarterly 0.26 0% N/A
2018-08-21 2018-08-22 2018-09-01 Quarterly 0.26 0% N/A
2018-05-22 2018-05-23 2018-06-01 Quarterly 0.26 -50% N/A
2018-02-20 2018-02-21 2018-03-01 Quarterly 0.52 15.6% N/A
2017-11-14 2017-11-15 2017-12-01 Quarterly 0.45 4.7% N/A
2017-08-21 2017-08-23 2017-09-01 Quarterly 0.43 0% N/A
2017-05-22 2017-05-24 2017-06-01 Quarterly 0.43 0% N/A
2017-02-13 2017-02-15 2017-03-01 Quarterly 0.43 0% N/A
2016-11-14 2016-11-16 2016-12-01 Quarterly 0.43 4.9% N/A
2016-08-22 2016-08-24 2016-09-01 Quarterly 0.41 0% N/A
2016-05-16 2016-05-18 2016-06-01 Quarterly 0.41 0% N/A
2016-02-11 2016-02-16 2016-03-01 Quarterly 0.41 0% N/A
2015-11-16 2015-11-18 2015-12-01 Quarterly 0.41 5.1% N/A
2015-08-17 2015-08-19 2015-09-01 Quarterly 0.39 0% N/A
2015-05-18 2015-05-20 2015-06-01 Quarterly 0.39 0% N/A
2015-02-12 2015-02-17 2015-03-02 Quarterly 0.39 0% N/A
2014-11-17 2014-11-19 2014-12-01 Quarterly 0.39 5.4% N/A
2014-08-18 2014-08-20 2014-09-02 Quarterly 0.37 0% N/A
2014-05-19 2014-05-21 2014-06-02 Quarterly 0.37 0% N/A
2014-02-12 2014-02-14 2014-03-03 Quarterly 0.37 0% N/A
2013-11-18 2013-11-20 2013-12-02 Quarterly 0.37 0% N/A

AFL Dividend FAQ

Aflac Incorporated offers supplemental health and life insurance. The company operates in two primary segments: Aflac Japan and Aflac U.S.

What is the Dividend Yield of AFL?

As of March 2026, AFL`s dividend yield is 2.17%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 2.35 USD by the current share price of 107.17.

Does AFL pay a dividend?

As of March 2026, AFL paid a dividend of 2.35 USD in the last 12 months. The last dividend was paid on 2026-02-18 and the payout was 0.61 USD.

How often does AFL pay dividends?

AFL pays dividends quarterly. Over the last 12 months, AFL has issued 4 dividend payments. The last dividend payment was made on 2026-02-18.

AFL dividend forecast

Based on historical data, the forecasted dividends per share for AFL for the next payments are between 0.632 (+3.6%) and 0.67 (+9.8%). This indicates a solid dividend increase compared to the last payment.

Will AFL pay dividends in 2026?

The latest dividend paid per share was 0.61 USD with an Ex-Dividend Date of 2026-02-18. The next Ex-Dividend date for Aflac (AFL) is currently unknown.

What is the next Ex-Dividend Date for AFL?

The next Ex-Dividend date for Aflac (AFL) is currently unknown. We automatically update the next Ex-Dividend date when it is announced.

What is the Dividend Growth of AFL?

AFL's average dividend growth rate over the past 5 years is 15.1% per year.
Strong growth: AFL's Dividend growth is outpacing inflation.

What is the Yield on Cost of AFL?

AFL's 5-Year Yield on Cost is 5.21%. If you bought AFL's shares at 45.08 USD five years ago, your current annual dividend income (2.35 USD per share, trailing 12 months) equals 5.21% of your original purchase price.

What is the Payout Consistency of AFL?

AFL Payout Consistency is 96.9%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number.
Very consistent: Aflac has a strong track record of consistent dividend payments over its lifetime.

Does AFL have a good Dividend Yield?

AFL`s 2.17% Dividend Yield is considered as moderate. This is usually a sign of a value company.

What is the Dividend Payout Ratio of AFL?

The Dividend Payout Ratio of AFL is 31.5%. Healthy - Leaves room for growth and provides some protection to maintain dividends even in a recession.

What is the Dividend Rating of AFL?

AFL`s Overall Dividend Rating is 78.43%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

AFL Outstanding Shares Analysis

What is the Trend in AFL's Outstanding Shares?

Aflac's outstanding shares have decreased by approximately 4.63% annually over the past 3 years (Trend Reliability: -100.0%).

Shareholder-friendly: The company is actively buying back shares, reducing the share count. This increases earnings per share and often leads to higher dividends per share over time, as profits are distributed among fewer shareholders.

Has AFL ever had a Stock Split?

Yes, the last stock split was on Mar 19, 2018 with a ratio of 2:1.

This was a forward split: Each share became 2 shares, lowering the price proportionally. The dividend per share was also adjusted downward by the same ratio, so total dividend income remained unchanged.

Year Number of Shares Annual Growth Rate
1985 1,120,000,000
1986 1,000,000,000 -10.71%
1987 1,084,000,000 +8.4%
1988 1,148,000,000 +5.9%
1989 1,044,000,000 -9.06%
1990 1,123,333,300 +7.6%
1991 1,211,428,600 +7.84%
1992 1,183,636,400 -2.29%
1993 1,258,326,000 +6.31%
1994 1,222,008,000 -2.89%
1995 1,170,928,000 -4.18%
1996 1,134,912,000 -3.08%
1997 1,105,176,000 -2.62%
1998 1,107,076,000 +0.17%
1999 1,089,044,000 -1.63%
2000 1,083,534,000 -0.51%
2001 1,059,254,000 -2.24%
2002 1,048,936,000 -0.97%
2003 1,038,710,000 -0.97%
2004 1,018,898,000 -1.91%
2005 1,009,148,000 -0.96%
2006 993,316,000 -1.57%
2007 968,834,000 -2.46%
2008 934,264,000 -3.57%
2009 944,900,000 +1.14%
2010 944,208,000 -0.07%
2011 937,066,000 -0.76%
2012 940,582,000 +0.38%
2013 931,010,000 -1.02%
2014 898,060,000 -3.54%
2015 841,840,000 -6.26%
2016 808,138,000 -4%
2017 790,080,000 -2.23%
2018 755,790,000 -4.34%
2019 737,463,000 -2.42%
2020 691,940,000 -6.17%
2021 662,512,000 -4.25%
2022 622,994,000 -5.96%
2023 584,881,000 -6.12%
2024 565,015,000 -3.4%
2025 532,015,000 -5.84%

Key Metric Definitions

Dividend Yield
Annual dividend per share divided by current share price.
Payout Ratio
Percentage of earnings paid as dividends. Below 60% = safe, above 100% = unsustainable.
Payout FCF
Percentage of Free Cash Flow paid as dividends. More reliable than Payout Ratio since it measures actual cash.
Growth Rate (CAGR)
Compound annual growth rate of dividends over the last 5 years.
Consistency
Reliability of dividend payments over lifetime. Penalizes cuts and pauses.
Yield on Cost
Your effective yield if you bought 5 years ago. Shows dividend growth impact over time.
Streak
Consecutive years of dividend payments. 25+ years = Dividend Aristocrat.
Dividend Rating
Proprietary score (0-100) combining yield, growth, safety and consistency.

Last update: 2026-03-11 02:34